Millicom International Cellular (TIGO) Interest Coverage Ratio (2009 - 2026)
Millicom International Cellular's (TIGO) Interest Coverage Ratio was 1.66 for Q2 2026, down 60.2% from 4.16 a year earlier and down 5.3% from the prior quarter.
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Analysis
Millicom International Cellular (TIGO) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Millicom International Cellular's Interest Coverage Ratio came in at 2.37, down 30.2% year-over-year; for FY2025, it came in at 4.01, up 49.0% from FY2024.
- By year, Interest Coverage Ratio came in at 2.69 in FY2024 (+64.4%), 1.64 in FY2023 (-26.5%), 2.23 in FY2022 (+27.7%) and 1.74 in FY2021 (+121.9%).
- The Q2 2026 figure ranks as the lowest quarterly Interest Coverage Ratio since Q3 2023.
- Year over year, Interest Coverage Ratio gained in six of the last eight quarters, with growth averaging 29.2%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q4 2021 (growth of 359.6%); the low point was Q2 2022 (a decline of 89.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.75 (Q1 2026), 4.89 (Q4 2025) and 3.28 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 3.62 |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | - |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 3.74 |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | 0.81 |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | 4.90 |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | 125.87 |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | - |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | - |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | 2.23 |
| 10 | Millicom International Cellular | 14.93 Bn | 7.24 Bn | - | 1.66 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.66 |
| Mar 31, 2026 | 1.75 |
| Dec 31, 2025 | 4.89 |
| Sep 30, 2025 | 3.28 |
| Jun 30, 2025 | 4.16 |
| Mar 31, 2025 | 3.86 |
| Dec 31, 2024 | 3.49 |
| Sep 30, 2024 | 2.40 |
| Jun 30, 2024 | 2.95 |
| Mar 31, 2024 | 2.16 |
| Dec 31, 2023 | 1.82 |
| Sep 30, 2023 | 1.49 |
| Jun 30, 2023 | 1.87 |
| Mar 31, 2023 | 1.42 |
| Dec 31, 2022 | 2.49 |
| Sep 30, 2022 | 1.62 |
| Jun 30, 2022 | 1.51 |
| Mar 31, 2022 | 1.66 |
| Dec 31, 2021 | 1.63 |
| Sep 30, 2021 | 1.91 |
API Access
Millicom International Cellular Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TIGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "TIGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();